A new community model lets seniors enjoy all of the security and social amenities of a retirement community without leaving their homes. The alternative is called "aging inplace." Ray Suarez reports on how this village concept may help seniors retain their independence into their golden years.

Senior citizens whose finances fall IN THE MIDDLE -- not rich, not poor -- can find themselves in a real bind if they need home care. And their loved ones can find themselves caught in the middle as well.

The Center for Disease Control defines aging in place as "the ability to live in one's own home and community safely, independently, and comfortably, regardless of age, income, or ability level."Most adults would prefer to age in place—that is, remain in their home of choice as long as possible. In fact, 90 percent of adults over the age of 65 report that they would prefer to stay in their current residence as they age.[2] One-third of American households are home to one or more residents 60 years of age or older.

The volunteer-first model is initiated by community residents who have identified their desire to age in place, experienced the challenges of aging, and want to establish a self-governed organization that assists in addressing these challenges.